OddsMonkey has expanded rapidly over the past year and now employs over 20 people, throughout the UK.

The company, based at Newton Aycliffe Business Park has recruited software developers in the North East and London. OddsMonkey has developed software that allows members to make guaranteed profits from a technique called ‘matched betting’.

Paul King, Founder and Chief Technical Officer said:

“Our software has been developed over past 6 years to help people make money from bookmaker promotional offers.

Over the past year, we’ve added thousands of new subscribers to our service. We’re delighted that we can help people earn a second income by providing both the training and support to learn how the technique works and the software to streamline the process.”

Peter Watton, Director of Product Development added:

“We’re delighted to be working closely with Betfair to create an even better experience for our subscribers.

We’ve integrated our software directly with Betfair which makes the process even faster. We have members earning between £300 and £1,500 tax free every month and are continually striving to make the process as quick and simple as possible.”

OddsMonkey are now leading the market globally in the matched betting sector with subscriptions to the company’s matched betting website growing at pace.

Peter Watton added:

“More people are realising that matched betting isn’t gambling and can provide a valuable second income stream.

We have a diverse customer base from students to stay-at-home parents. Our training and software has helped students pay their way through university and helped parents pay for things like holidays to treat their families.”

The partnership is the first of its kind in this market. Both companies are working closely on additional new features to further simplify and enhance customer experience.